Re: Why I'm selling all my alt coins and putting everything into Golos

I agree with the other answers - its very risky putting all your money in one coin? A crazy Strategy. Either you are just trying to hype this up and pump it or you really do believe in it , either way, spread your risk.

I learned this sentence from this forum of not putting all your eggs in one basket and now I have learnt what it actually meant. This is really important in investing or trading any coin. Before getting into field you must have to learn the whole and sole of that coin whether that is suitable for you or not. Once decided, be confident, but dont just trust that blindly.

Sure, like this ''idiot'' that put his live savings into Bitcoin when it was $9 http://falkvinge.net/2011/05/29/why-im-putting-all-my-savings-into-bitcoin/

Some people are lucky idiots Roll Eyes

You are lucky if you buy a lottery ticket and win the lottery, but if you have specific and clear reasons to invest in a project you were not lucky you were a very good investor, Im sure that when my investment skyrockets my friends will probably think the same but that is nothing but a self defense mechanism to protect themselves of their own failures.

my thoughts exactly

I know that I may sound harsh to some, but it is the truth, my friends are very risk adverse and they prefer to play it safe but I have told them that the only way to make something out of you is by taking risks, I know that I can lose money by investing in crypto but Im fine with that as long as I have the chance of making money as well.